tgt
| 4:00PM 10/22/2009
This holiday season, the big draw in online shopping will be the free shipping. Consumers are demanding it, and with this year's bareknuckle competition, retailers have no choice but to give it to them.
Four out of five retailers will offer free shipping with minimum purchases this holiday,...
| 2:00PM 9/06/2009
The job situation just refuses to right itself. New jobless claims didn't fall as much as expected last week, and the number of people receiving unemployment checks continued to climb. Though the "jobless recovery" notion has become pretty firmly implanted in the American consciousness, the pain...
| 3:00PM 9/03/2009
"Better than expected" is the new catchphrase for retailers, most of whom posted August sales that were weak but not as bad as many had forecast.
Sales reported Thursday showed that shoppers continue to focus on must-have items such as food and toiletries, while luxury sales are dragging....
| 5:00PM 8/23/2009
Most analysts believe that back-to-school shopping revenue is second only to the year-end holiday season for producing sales. This year, retailers are disappointed by the school-shopping season, at least up to now. Nationwide, average family spending on back-to-school items, not including expenses...
| 4:30PM 8/18/2009
Never mind that profits at Target (TGT) and Home Depot (HD) fell from a year ago. In Wall Street's expectations game, both companies were winners, beating analysts' estimates and helping to persuade investors that the economic outlook wasn't quite as gloomy as it looked yesterday.
The Dow Jones...
| 7:00AM 8/08/2009
Target (TGT) is taking a very big risk in the hope of improving its online sales capacity. It will build up its own e-commerce site and end its relationship with Amazon (AMZN).
According to The Wall Street Journal, "Since 2001, Target has outsourced nearly all of its online operations to Amazon."
| 10:00AM 7/15/2009
You hear a lot about drug prices going up and up, but consider the case of Ann Stewart of Mattapan, Mass., who faced a price of $146 for her diabetes medicine. After a transfer of prescriptions, she's now paying $4. And then there's financially strapped Glenn Funchess, a cancer patient in...
| 4:00PM 6/07/2009
Five years ago, Eddie Lampert was seen as the next Warren Buffett. Having gained control of bankrupt retailer Kmart Corp. in 2003, the businessman snapped up Sears. Roebuck & Co. for $11 billion.
Wall Street hailed the combination, expecting big things from Lampert. "Sears has its own $2.7...
| 4:00PM 6/05/2009
Wal-Mart (WMT) has always marketed itself to customers who are living from paycheck to paycheck, and the economic downturn has vastly expanded its core audience. As the same high-level consumers who once turned their noses up at the retailer now tentatively creep through its doors, the chain is...
| 8:30AM 6/02/2009
Like most retailers, Target (TGT) has a huge e-commerce website. The site serves as an online store, and it also helps people find store locations and get descriptions of items they may want to buy when shopping at an actual Target store.
Aside from products and prices, most retail websites don't...